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Hello all. I hope this is posted in the correct spot. I own a rental property in Sarasota Fl. Here are the stats:Single family 2/1/1Purchased for 159k in 2004Owe 115kMortgage/insurance/taxes/hoa are 1300.00 a monthCur...
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Please give me your thoughts on this REO deal located in Cincinnati. This is my first property under contract and I am set to close in 2 weeks.
Purchase price: $9,100 Cash
Est. Reh...
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I’m interested in buying a four family where the current owner installed electric baseboard heat. I’ve heard that electric heat is very expensive on the tenant. Should this keep me from buying this house?
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Hi guys! My boyfriend is looking to sell his house in a couple of months. He have very outdated wooden windows. Would it be worth the investment to install new windows in the entire house? The estimation we got on the...
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Hello, I'd like some investors to weigh in here... I live in South Charlotte in a very nice neighborhood with great schools. The only problem is my rental portfolio is in South Carolina (3 lake homes we airbnb) and m...
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As an investor and lender, I see that a lot of people are not familiar with DSCR loan. Its a great program, specially self-employed people, which often find it difficult to get qualified for a mortgage. So I decided t...
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Do any multi families actually operate with only 25% expenses in relation to gross rents. I made an offer on a multifamily property and used 50% rule as a guideline. The realtor's response was.....
" Vacancy ...
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I am looking at purchasing a HomeVestors franchise. Any thoughts, good, bad or indifferent?
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In the spirit of the latest BP podcast, I am curious as to how I evaluated this deal incorrectly. Find it entertaining the description lists it as a great investment property yet the numbers don't add up (8 Valley Rd,...
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I'm hoping I might be able to get some help analyzing a 4plex property I'm considering. This would be my first real estate purchase ever.
The property is vacant, its bank owned and on the market for 180k (...